Mr Cooper Group Inc (COOP)

[newflow]

I LIKE THIS,BANKRUPTCY RULE 1123(b)(3)(B)

Page 5/33 - Woodbridgeliquidationtrust
https://woodbridgeliquidationtrust.com/wp-content/uploads/2019/03/Woodbridge-Liquidation-Trust-Agreement-Executed.pdf
2.3.3. To the extent that any Liquidation Trust Assets cannot be transferred to the
Liquidation Trust because of a restriction on transferability under applicable non-bankruptcy law
that is not superseded or preempted by Section 1123 of the Bankruptcy Code or any other provision
of the Bankruptcy Code, such Liquidation Trust Assets shall be deemed to have been retained by the
Remaining Debtors and the Liquidation Trustee shall be deemed to have been designated as a
representative of the Remaining Debtors pursuant to Section 1123(b)(3)(B) of the Bankruptcy Code
to enforce and pursue such Liquidation Trust Assets on their behalf. Notwithstanding the foregoing,
all proceeds of such Liquidation Trust Assets (net of all reasonable costs and expenses (including the
reasonable fees and expenses of professionals)) shall be transferred to the Liquidation Trust to be
distributed in accordance with this Agreement and the terms of the Plan.

Our scenario is LTrustee was replaced with Administrators who are representatives(Smith and Logan) of Remaining Debtors.I tried to see whether 1123(b)(3)(B) language was used any where in Trust agreement,BINGO.

Page 2 of LT Agreement
https://www.sec.gov/Archives/edgar/data/933136/000090951812000099/mm03-1212_8ke101.htm
1.3 Transfer of Liquidating Trust Assets. On the Effective Date, the Debtors shall transfer, for the sole benefit of the Liquidating Trust Beneficiaries, pursuant to Bankruptcy Code sections 1123(a)(5)(B) and 1123(b)(3)(B) and in accordance with the Plan and the Confirmation Order, the Liquidating Trust Assets to the Liquidating Trust, free and clear of any and all liens, claims, encumbrances and interests (legal, beneficial or otherwise) of all other entities to the maximum extent contemplated by and permissible under Bankruptcy Code section 1141(c); provided, however, that the Liquidating Trust Assets may be transferred subject to certain liabilities, as provided in the Plan, Confirmation Order or as otherwise provided herein.

So LT was formed based on part of bankruptcy rule 1123(b)(3)(B), and in accordance with the Plan and Confirmation Order.
"REMAINING DEBTORS" learned something new, i am happy for all of us in the same shoes.